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It's time to sell! If you have some where to go.
Talking to sellers who are looking to down size or relocate I find they have the same nagging question in their minds.  Is it a good time to sell?  Most sellers say “I could have gotten big money for my house back in the day.  It's a matter of fact, I was offered the big money for my house and I said no!  I'm going to wait because I know I can get more.” Those were the conversations we were having just before the mortgage crash.  Then look what happened. The homes that were going to get “big money” were no longer worth the money.  So what happened you ask?
When I worked as an in-house loan officer for Carlson GMAC in 2003, a buyer asked me a question I will never forget.  He said, “Ron, the prices of homes have increased so much what will happen if the market crashes?  I thought to myself, very interesting question and I don’t have the answer.  So I made my best guess at the question.  Mr. Buyer, this is what I think will happen.  There are available buyers in this market and those buyers are approved at all kinds of price ranges.  At some ... more

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